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Activist Elliott holds $1bn position in HVAC specialist Johnson Controls

TOP STORY: Elliott Investment Management, the $8bn activist hedge fund firm founded by Paul Singer, has built a stake worth over $1bn in Johnson Controls International, a specialist in HVAC control systems used by data centres, according to a report by Bloomberg. ....

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Johnson Controls Stock Rises As Elliott Reportedly Takes $1 Billion-Plus Stake

Johnson Controls stock moved higher in premarket trading Monday after a report that activist investor Elliott Investment Management has taken a stake of more than $1 billion in the company. Monitor this important chart level. ....

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